hyperexponential

hyperexponential

About hyperexponential

Simplify's Rating
Why hyperexponential is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

201-500

Company Stage

Series B

Total Funding

$88.5M

Headquarters

London, United Kingdom

Founded

2017

Overview

Company Does Not Provide H1B Sponsorship

Simplify Jobs

Simplify's Take

What believers are saying

  • $73M Series B funding supports US market entry and technological advancements.
  • hx Renew's adoption by Conduit Re shows its capability in handling large-scale pricing models.
  • Expansion into reinsurance market with templated models captures larger insurance market share.

What critics are saying

  • Increased competition from similar insurtech companies may erode market share.
  • US market expansion introduces regulatory and compliance challenges impacting operations.
  • Reliance on partnerships poses risks if integration challenges or dissolutions occur.

What makes hyperexponential unique

  • Hyperexponential offers a unique fast-track reinsurance pricing model reducing development time by 80%.
  • The hx Renew platform enables rapid, data-driven pricing decisions for complex insurance models.
  • Partnerships with Akur8 and Cytora enhance integrated, automated pricing solutions for insurers.

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Funding

Total Funding

$88.5M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$73M
hyperexponential
$100M
ClickUp

Benefits

Health Insurance

Mental Health Support

Individual Wellbeing Allowance

Company Pension Scheme

Private Healthcare Insurance

Unlimited Paid Time Off

Training Programs

Top-Spec Equipment

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

0%
Tech.eu
Nov 7th, 2024
Building The Future: Software Companies At The Heart Of Europe’S Tech Revolution

The European tech ecosystem has continued to evolve rapidly with software companies playing a central role in driving innovation across various industries. With €3.6 billion raised in the first three quarters of 2024, the software industry demonstrates its importance in this dynamic landscape. Companies increasingly focus on enhancing operational efficiency, leveraging emerging technologies like artificial intelligence, blockchain, and cloud computing, and addressing the growing demand for digital transformation services. As we look towards 2025, the European software sector is poised for further growth. Companies are expected to increase investments in research and development to bring next-generation solutions to market, particularly in areas like cybersecurity, automation, and sustainable technology. The emphasis will likely shift towards creating more integrated, scalable, and user-friendly solutions, catering to an increasingly diverse client base that spans both large enterprises and smaller, fast-growing startups

Insurance Business Magazine
Oct 11th, 2024
Hyperexponential unveils fast-track reinsurance pricing solution

Hyperexponential has introduced a new reinsurance pricing model aimed at cutting development time for treaty models by up to 80%.

The Insurer
Oct 11th, 2024
Hyperexponential expands into reinsurance market with treaty pricing model

London-based insurtech Hyperexponential has unveiled its first templated reinsurance model for treaty reinsurance.

UK Tech News
Jan 11th, 2024
Andreessen Horowitz backs insurtech Hyperexponential in £57m round

British insurtech company Hyperexponential has secured $73m (£57.3m) funding in a Series B round backed by Silicon Valley investor Andreessen Horowitz.

II Reporter
Jan 11th, 2024
hyperexponential raises $73M in Series B Round Led by Battery Ventures

hyperexponential raises $73M in Series B round led by Battery Ventures.

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